BSP Releases New Generation Currency Banknotes with Enhanced Design and the Signature of the Fourth Governor of the Bangko Sentral ng Pilipinas. The BSP started releasing the initial batch of new banknotes in December 2010. The word used in the bills was "Pilipino" rendered in Baybayin (.mw-parser-output .script-baybayin{font-family:"Tagalog Doctrina 1593","Baybayin Lopez","Tagalog Stylized","Noto Sans Tagalog",Code2000}ᜉᜒᜎᜒᜉᜒᜈᜓ). The image shows the front and back sides of six purported new Philippine banknotes in 5,000, 1,000, 500, 200, 100 and 50-peso denominations. In its launch, BSP Governor Benjamin Diokno said the latest banknotes took into consideration the needs of the elderly and the visually impaired. Watch the new improved security features below. Courtesy of Claude Akl (dekeneh on eBay). The main designs on the front of the note were used from 2010 to 2017. Chocolate Hills in Bohol; Tarsius syrichta, Philippine tarsier; Visayas weave design, Subterranean Underground River in Puerto Princesa, Palawan; Tanygnathus lucionensis, blue-naped parrot; Southern Philippines cloth design, Tubbataha Reefs Natural Park in Sulu Sea; Pinctada maxima, South Sea pearl; Mindanao design for Tinalak (Ikat-dyed abaca). MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) on Wednesday unveiled enhancements to the country's 9-year-old banknotes, which were meant to … The main designs on the back of the note feature the Subterranean River National Park, the Blue-naped parrot (Tanygnathus lucionensis), and a cloth design from the Southern Philippines. The composition is nickel-plated steel, has diameter of 20 mm, and mass of 3.6 grams. MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Tuesday, December 5, released into circulation a new set of New Generation Currency (NGC) banknotes with an "enhanced design." I wonder why they did put a blue-naped parrot at the back of the new ₱500 bill instead of our national bird, the Philippine Eagle . By. Required fields are marked * The Ugandan shilling notes won the award and the Sri Lankan rupee placed as a runner up. The BSP started releasing the initial batch of new banknotes on December 16, 2010. [1] The series uses the Myriad and Twentieth Century typefaces. Also on the front of the note are images associated to the couple, the image of the 1986 People Power Revolution and the Benigno Aquino Jr. monument in Makati City. [2], The members of the numismatic committee included Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo, chairman of the National Historical Institute. No membership needed. Philippines' New Generation Banknotes And now the the much anticipated 2011 Bangko Sentral ng Pilipinas Banknotes which hauntingly look like the Euro Banknotes . 0. CDODev Admin - October 1, 2020. This is the third edge inscription coin used in the Philippines in common circulation after the 1897 one peso coin which edge is fleur-de-iles and the 50 centavo coin in 1880–1885 which is inscripted LEY PATRIA REY *** which means "Law, homeland, king". New Generation Philippine Banknotes Rolled Out By The BSP—Spot the Differences. This is the fourth edge inscription coin used in the Philippines in common circulation. Philippine national symbols will be depicted on coins. The New Generation Philippine Banknotes - short video. The top of the photo contains text which reads: “New Generation Currency II / (Inpoved Design) [sic] / Launch in 2020”. A. Mabini St. cor. Read More… Peso denominated coins depict the portraits of renowned national heroes of the Philippines on the obverse. (from www.bsp.gov.ph) Detailed information about the coin 25 Sentimo (New Generation Currency), Philippines, with pictures and collection and swap management : mintage, descriptions, … The original version, issued from 2010 to 2016, included a blue underprint. In 2009, the Bangko Sentral ng Pilipinas announced that it will launch a massive redesign for its banknotes and coins to further enhance security features and to improve durability. Lauralee Dangelo. [12] The 20 peso coin was issued into circulation on December 17, 2019. The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018 (2017 for the five peso coin ). [6], In 2020, the BSP released an improved version of the NGC series. [4], The New Generation Currency series were the only circulating set of notes since December 30, 2017. The new banknote design features famous Filipinos and iconic natural wonders. The new series features native Philippine flora. theAsianparent Philippines is the Filipino mom's go-to website for smart parenting advise on how to track their pregnancy and raise happy, healthy & confident kids The New Generation Philippine Banknotes Twenty Piso Banknote New Generation Series. 5 years ago | 59 views. 0:54. The 2017 issue features images showing the Declaration of Philippine Independence in Kawit, Cavite, and the Opening of the Malolos Congress in Barasoain Church, Malolos, Bulacan. Facebook Comments. The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018 (2017 for the five peso coin). [3], On December 16, 2016, BSP announced that they will launch sets of banknotes bearing President Rodrigo Duterte's signature. The 5-piso coin, however, will have a nonagonal shape, while the 20-piso coin, will be bimetallic and the 20-piso coin will be the second bimetallic coin in circulation after the 10-piso coin of the New Design/BSP series. The ₱20 coin, also in the same announcement, received its final designs in the same month and the two coins will be released for circulation in December 2019. 1 min. 100 Philippines Peso (2016) Banknote, ... Banknote, New Generation Currency Series” Cancel reply. Colored red, the main designs shown on the front of the note depict a portrait of Philippine president Sergio Osmeña and images tied to him, one depicting the First Philippine Assembly in 1907 and the other the Leyte Landing. MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) will release the enhanced new generation currency (NGC) banknotes by 2023. Meanwhile, for the new coins, we estimate that it will also take about three years to develop the new generation coin series, from concept to actual delivery. The coins are struck in Nickel-plated steel for all six denominations, in response to the widespread hoarding and melting down of the coins, decreasing the cost of production of minting the coins and address concerns of the discoloration of the coins due to the humid, tropical environment. Also on the front of the note is an image of the Centennial celebration of Philippine independence. SHARE. BSP launches enhanced New Generation Currency banknotes with improved security features. The new designs were very well received by the public. The original issue from 2010 to 2017 featured the Order of Lakandula (erroneously labelled as "Medal of Honor") and its description on the front. The inclusion of large intaglio printed numbers on the front differentiates each denomination to provide assistance for the visually impaired. The obverse side of the coin features a portrait of Philippine President Manuel Quezon and the reverse side of the coin depict the Scyphiphora (Nilad), Malacañang Palace, the official residence and workplace of the President of the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The composition is nickel-plated steel, has diameter of 25 mm, and mass of 7.4 grams. The New Generation Philippine Banknotes: A Preview After several years, Philippine bank notes get a much-needed overhaul. Old Bangko Sentral ng Pilipinas (BSP) building in Intramuros, Manila, Centennial celebration of Philippine independence, "New Generation Currency Series (2010-present)", "The New Generation Currency Program of the Philippines (Bangko Sentral ng Pilipinas)", Cory, Ninoy together again on new 500-peso bill, https://cnnphilippines.com/news/2016/12/20/duterte-bsp-banknotes.html, "Still hanging on to your old peso bills? The obverse side of the coin feature the description "Republika ng Pilipinas", Apolinario Mabini, a national hero of the Philippines, the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the Medinilla magnifica (Kapa-kapa), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. New Generation Currency Series (2010-present) In 1995, a new set of coins and notes was issued In 2009, the Bangko Sentral ng Pilipinas announced that it launched a massive redesign for current banknotes and coins to further enhance security features and improve durability. The members of the numismatic committee include Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo Chairman of the National Historical Institute. The Bangko Sentral ng Pilipinas (BSP) on Wednesday officially launched the enhanced new generation currency (NGC) banknotes, which the central bank said features the latest anti-counterfeiting technology. The BSP initially released five million pieces of the new 20, 50, 100, 500, and 1,000-peso bills with Duterte's signature. Philippine national symbols will be depicted on coins. In 1995, a new set of coins and notes was issued
The composition is nickel-plated steel, has diameter of 16 mm, and mass of 2.2 grams. The main designs on the back of the note feature the Tubbataha Reefs Natural Park, the South Sea Pearl (Pinctada maxima), and a cloth design from the Mindanao design for Tinalak (Ikat-dyed abaca). Attention moms and dads! P. Ocampo St.,Malate Manila, Philippines 1004, 2020 © BANGKO SENTRAL NG PILIPINAS - All Rights Reserved. The main designs on the back of the note feature the Chocolate Hills in Bohol, the Philippine tarsier (Tarsius syrichta), and a weave design from the Visayas. Some of the new generation philippine banknotes, first issued in 2010. The size and mass of this coin has same as 25 centavos in BSP Series. Like B546a, but new signatures (Mansouri/Salamé) and new date (01.09.2020). The obverse side of the coin feature the description "Republika ng Pilipinas", Andrés Bonifacio, a national hero of the Philippines, the denomination, year of minting, and mint mark, and the reverse side of the coin depicts the Strongylodon macrobotrys (Tayabak), a plant endemic to the Philippines and the current logo of the Bangko Sentral ng Pilipinas. The changes were striking and it sure brought the Peso at par with other world currencies in terms of design and security features. Banknotes of the Philippine peso are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines.The smallest amount of legal tender in wide circulation is ₱20 and the largest is ₱1000. Sentimo denominated coins feature a stylized representation of the Philippine flag on the obverse. Your email address will not be published. The Bangko Sentral ng Pilipinas (BSP) unveiled the bank notes’ new designs, as well as its new s ecurity features. 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